6 years?
When the 'Internet' was 6 years old it was no where near mainstream.
http://en.wikipedia.org/wiki/History_of_the_Internet
Bitcoin is doing great, and will be able to scale, with transactions both on and off the blockchain.
Topic: Bitcoin's failure to scale will show the failure of decentralized systems! - page 2. (Read 1565 times)
February 10, 2015, 11:10:48 AM
February 10, 2015, 11:02:31 AM
One of the key reasons that bitcoin has not gone mainstream or it could not is because of the limit of tranactions per second and block size..
Key reason? Seriously?
Blocks are getting close to the 1mb limit but it's not the problem yet. I don't see how this currently stops anyone from using bitcoin.
Yes, it's an issue (although some will disagree) and it will likely be resolved with the next fork. But that's not the reason for not going mainstream yet.
February 10, 2015, 04:16:08 AM
Its been 6 years and bitcoin has not gone mainstream..
even photo sharing apps are having more users, network effect and valuations than this..
One of the key reasons that bitcoin has not gone mainstream or it could not is because of the limit of tranactions per second and block size..
while people who want bitcoin to succeed try to innovate and take bitcoin mainstream with VISA like tps, there are people who want bitcoin to fail.
They are paid shills of central banks who want bitcoin to be as a nerd and geek money and never see the lightof mainstream adoption..
If bitcoin was a central institution, people could have raised a lot of money and could have taken it mainstream by now..
But see how bitcoin suffers, the core developers are saying something for scalability while some are saying other things, and in the end what happens is nothing and bitcoin just becomes weaker and weaker..
thus bitcoin inability to scale and go mainstream is simply showing the world how decentralized systems are weak in reaching consensus and go mainsteam
even photo sharing apps are having more users, network effect and valuations than this..
One of the key reasons that bitcoin has not gone mainstream or it could not is because of the limit of tranactions per second and block size..
while people who want bitcoin to succeed try to innovate and take bitcoin mainstream with VISA like tps, there are people who want bitcoin to fail.
They are paid shills of central banks who want bitcoin to be as a nerd and geek money and never see the lightof mainstream adoption..
If bitcoin was a central institution, people could have raised a lot of money and could have taken it mainstream by now..
But see how bitcoin suffers, the core developers are saying something for scalability while some are saying other things, and in the end what happens is nothing and bitcoin just becomes weaker and weaker..
thus bitcoin inability to scale and go mainstream is simply showing the world how decentralized systems are weak in reaching consensus and go mainsteam
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